It has been a while since anyone has posted here. Looks like an update is in order.

Lease prices in Marshall County have bounced up a lot, starting in the summer of 2017. Bonuses are now at and above $6,000 per acre, depending on the company and the size of your acreage. Royalties are still at 18% and you might be able to get more. Of particular interest, EQT has been giving out gross proceeds leases. Push them for it. Good luck!

I finally manuvered through the WV dept of Oil & Gas thanks to tutorial from a NARO member. It's a wonderful website once you figure it out. I found a map of all wells in my district and the map key had Marcellus symbol. Unfortunately no Marcellus by me yet.

Sorry, I'm from out of state and don't know. I tried to look up Webster District but can't find it using Google. I was told you can look up permits and lease filings with the Marshall County Clerks Office. http://www.marshallcountywv.org/county.asp

We are leased with Gastar in Marshall County and also hope for their continued success with liquids rich well results as our land is due west of their current drilling operations there. We were told that part of our land could be in a drilling unit within two years. Does anyone have any knowledge of anyone actually getting royalties from Gastar? I know they have a large obligation to PPG in Marshall and now there is this mid-continent play they need to drill so I'm wondering how much the smaller lease holders in Marshall County will fare.

Brian, that is good news. I do not need to be in the 1% club, but I will be very happy if someone decides to drill on one of my leases. If you get any news you know I will appreciate hearing it. Thanks again

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What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]